Sweater

Sweater

Growth Stage

Invest Alongside Seasoned VCs

Invest Alongside Seasoned VCs

Overview

Raised to Date: Raised: $737,721

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

01/15/2023

Close Date

07/31/2023

Min. Goal
$25,000
Max. Goal
$5,000,000
Min. Investment

$1,000

Security Type

SAFE

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

Uncapped

Discount

10%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

08/30/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$3,764

# of Investors

403

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2019

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Berthoud, Colorado

Business Type

Growth

Sweater is raising funds on Dalmore Group. It is a venture capital fund that invests in various asset classes to empower the founders and companies. The company pools the capital of its members and invests it into emerging technology and product companies looking for growth. Sweater has an expertly crafted portfolio and requires a minimum investment of only $500. Jesse Randall, Chad Lewkowski, and Matthew Klein founded Sweater in January 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5 million. The campaign proceeds will be used for marketing and growth, technology, team growth, fund operations, and overhead expenses.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-6,643,111

$-2,274,270

Summary Balance Sheet

FY 2022 FY 2021

Cash

$4,664,860

$625,109

Accounts Receivable

$1,857,771

$0

Total Assets

$7,793,923

$629,680

Short-Term Debt

$722,567

$77,469

Long-Term Debt

$550,193

$77,469

Total Liabilities

$1,272,760

$154,938

Financials as of: 01/15/2023
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Sweater 06/30/2024 StartEngine $48,486,788 $346,631 Equity - Preferred Active RegCF
Sweater 07/30/2023 Dalmore Group - $737,721 SAFE Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Sweater on Dalmore Group 2023
Platform: Dalmore Group
Security Type: SAFE

Follow company

Follow Sweater on Dalmore Group 2023

Buy Sweater's Deal Report

Warning: according to the close date for this deal, Sweater may no longer be accepting investments.

Sweater Deal Report

Get KingsCrowd’s comprehensive report on Sweater including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Sweater is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Sweater deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge